Whitbread plc (WTB) Rating Reiterated by Barclays PLC
Whitbread plc (LON:WTB)‘s stock had its “underweight” rating restated by analysts at Barclays PLC in a research report issued on Tuesday. They currently have a GBX 3,340 ($41.73) price objective on the stock. Barclays PLC’s price objective would suggest a potential downside of 4.27% from the stock’s previous close.
A number of other equities analysts have also weighed in on the company. HSBC restated a “buy” rating and issued a GBX 4,800 ($59.97) target price on shares of Whitbread plc in a research note on Monday, November 14th. Morgan Stanley restated an “overweight” rating and issued a GBX 4,700 ($58.72) target price on shares of Whitbread plc in a research note on Tuesday, November 8th. Davy Research restated an “outperform” rating on shares of Whitbread plc in a research note on Tuesday, November 1st. Canaccord Genuity decreased their target price on Whitbread plc from GBX 5,000 ($62.47) to GBX 4,500 ($56.22) and set a ” buy” rating on the stock in a research note on Thursday, October 27th. Finally, Societe Generale decreased their target price on Whitbread plc from GBX 4,220.30 ($52.73) to GBX 4,100 ($51.22) and set a “hold” rating on the stock in a research note on Wednesday, October 26th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 4,402.11 ($55.00).
Whitbread plc (LON:WTB) opened at 3479.00 on Tuesday. The stock’s 50 day moving average price is GBX 3,670.76 and its 200-day moving average price is GBX 3,882.11. The company’s market capitalization is GBX 6.34 billion. Whitbread plc has a 12 month low of GBX 3,283.00 and a 12 month high of GBX 4,826.00.
The company also recently announced a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 10th will be given a GBX 29.90 ($0.37) dividend. This represents a dividend yield of 0.81%. The ex-dividend date is Thursday, November 10th.
About Whitbread plc
Whitbread PLC is a hospitality company. The Company operates hotels, coffee shops and restaurants. The Company operates in two segments: Hotels & Restaurants, and Costa. The Hotels & Restaurants segment provides services in relation to accommodation and food. The Costa segment consists of operations of its branded, owned and franchised coffee outlets.
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